Shangri-La Miami Residences - Presented by Allan Kleer, MBA, PA, the leader in Miami Fractional Ownership condos. Island Gardens Residences on Watson Island in Miami is developed by Flagstone Development.  Search MLS listings live, view floorplans & pictures, and research "closed sales" all right here!  Please call for floorplans, specific unit pricing, and fractional ownership descriptions.

The Residences at Island Gardens on Watson Island is situated on a never developed 24-acre site directly facing Downtown Miami.  South Beach, Downtown Miami, the Carnival Center for the performing arts and the brand new bicentennial park are all just moments away.  This is miami's first large-scale fractional ownership property with a deep water harbour.  The property will also feature the Shangri-La hotel, which will be THE premier luxury resort in miami catering to the ultra luxury five diamond traveller.

The fractional properties at Island Gardens, located above and serviced by the Shangri-La hotel, will provide service-rich living, and breathtaking views of the Biscayne Bay. The fractional ownership offers opportunity to own a 1/8 of a unit, which will alow the owner to use 45 days out of the year. The terms of Flagstone's 75-year ground lease and development agreement with the City of Miami enable the construction of up to 105 residential units to be sold on a fractional interest basis. The fractional units will total approximately 340,000 square feet.

These fractional units offer a unique and attractive opportunity for second homebuyers by providing service-rich luxury living and amenities without the cost and responsibilities of a wholly owned second home. Fractional units are ideal for vacation homebuyers who are reluctant to invest substantial capital in a second or third home that often receives infrequent use and requires significant upkeep. These are vacation homes to enjoy, not manage.

Fractional interests of luxury apartments, townhouses and single-family homes have become a rapidly emerging market throughout the U.S., particularly in resort locations. Miami is a unique location for fractional units as it enjoys a long season in the fall, winter and spring and a limited shoulder season – ideal circumstances for year around fractional unit usage.

Please call for our private database of purchasing opportunities, as we have direct authorization from the developer to offer qualified buyers the premier units and pricing.  There are a number of pre-construction opportunities for the savvy buyer that understands the value inherent in Fractional Ownership properties.

Shangri La Amenities:

• Membership to the Island Gardens Yacht Ownership Program
• Priviledged Access to the CHI, The Spa at Shangi-La Hotel, Miami
• The Residences Club members pool
• Private club members lounge
• Full butler service
• 24 hour concierge service
• Chauffer services upon arrival, with to and from club services in European luxury sedans
• 24 hour room service
• Pre-arrival grocery shopping, in addition to unpacking and setup of belongings prior to arrival
• Packing up and storage of personal belongings in a secure, climate controlled environment upon departure.
• Fine dining at the restaurants at Island Gardens
• Over sixty of the world's most cutting-edge designer labels and shopping boutiques
• Beautifully landscaped environment of Island Gardens
• Over 10 acres of lush tropical gardens featuring spectacular Downtown Miami views as well as rare and unusual plant species
• A 1,000 foot waterfront promenade of Palms
• A cultured environment alive with performing and civic arts (located next to the Miami Children's Museum and Carnival Center of Performing Arts)

Shangri La Residence Features:

• High-end, luxury units with related facilities, services and unique amenity package Located on the upper floors of the five-star hotel
• Full service amenities provided by the experienced five-star hotel staff
• 105 units, with eight fractions per unit, for a total of 735 fractions
• Unit mix of approximately 20% two-bedrooms, 55% three-bedrooms and 25% four-bedrooms
• Each unit spaces range from 996 sq.ft to 5000 sq.ft.
• Fully Furnished residences by Piero Lissoni
• Private or semi-private elevator lobby
• European Designed Kitchens
• Imported Stone Flooring
• Floor to ceiling impact-resistant windows which open to deep terraces.
• Residences to be managed and serviced by Shangri-La Hotels and Resorts (Asia's premier ultra-luxury hotel group)

Yacht Ownership

Owners and residents of Island Gardens Residences on Watson Island will be entitled to anywhere from 2 - 6 days of Yacht Ownership, depending upon type of unit purchased.  This will include yacht staff & most on-board supplies (additional fueling fee will apply).

RETAIL

Island Gardens will house select boutiques and stores from the US and around the world, creating a fusion between familiar brands and unique, international retail offerings that have thrived, almost exclusively, in harbor cities around the world. Retailers will be carefully selected to appeal to Miami's year-round and seasonal residents, as well as visitors to greater Miami. There will be no major "large-box" anchors, but a fashionable mix of international and domestic boutique offerings with 2-4 "mini-anchors," which is one of the newest concepts in lifestyle and street retailing. This spectacular destination venue will feature many merchants not currently present in the Miami market.

DINING

Island Gardens' 221,000 square feet of shopping and dining will offer a spectacular destination venue for both Miami's residents and visitors. With unparalleled water and city views, the more than 10 restaurants and cafes of varying price points will ensure that Island Gardens becomes one of Miami's finest dining destinations.

Island Gardens will become a dining destination in and of itself through its unique collection of award-winning, international restaurateurs offering a mix of cuisines, atmospheres and price points will make Island Gardens a dining destination in and of itself. With a critical mass of approximately 36,000 square feet accommodating over 2,000 seats indoors/outdoors and unmatched water/city views, Island Gardens' restaurants and cafes will become some of the finest dining destinations in South Florida. Additionally, Island Gardens' proximity to the new Performing Arts Center will make it the destination for pre- and post- show dining.

SPA

Island Gardens will house a distinctive, destination resort spa, which will be available to the hotel guests, fractional owners as well as to other patrons. The spa will be run by an internationally recognized organization with a top-tier spa brand and will provide a full line of contemporary services to its clientele.  The spa, together with the roof gardens and pools, will be located atop the 5-star hotel at nearly 120 feet above sea level, and will enjoy spectacular views of downtown Miami and Biscayne Bay.